Bus

Commuter tax benefit set to be cut nearly in half

Posted on December 31, 2013

WASHINGTON, D.C. — The Washington Post reported that starting Jan. 1, the monthly amount that commuters can set aside before taxes to spend on public transportation is to drop from $245 to $130. Meanwhile, those who commute by car will receive an increase in their monthly parking benefit in 2014, from $245 to $250.

WageWorks, a company that helps businesses administer benefits, told the paper that between 40,000 and 50,000 people in the Washington, D.C. area take advantage of the tax benefit.

The benefit is attached to a larger bill filled with many other tax benefits that have already expired or are set to be phased out at the end of the year, and it could be months before transit riders see their benefits restored to the current level, advocates told The Post. For the full story, click here.

View comments or post a comment on this story. (0 Comments)

More News

Registration extended for relationship-building event, TBX 2019

Senior-level transit and paratransit employees who qualify will receive a full grant to attend that includes travel and education.

California's SamTrans to study express bus service feasibility

Service aims to improve mobility options and ease freeway congestion in San Mateo County and launch as a pilot in mid-2019.

New Flyer to provide 10 60-foot buses for ABQ Ride

The city issued a recommendation of award for 60-foot, articulated, five-door clean diesel buses to New Flyer under a 2016 solicitation.

ARBOC's Spirit of Equess passes Altoona Testing

Currently available in diesel or compressed natural gas propulsions, the vehicle offers many of the capabilities of a heavy-duty bus, but retains all the benefits of a mid-level vehicle.

First Transit awarded California operations, maintenance contract

Will provide the City of Visalia with day-to-day operations and oversight for 87 vehicles, employing 130. 

See More News

Post a Comment

Post Comment

Comments (0)

More From The World's Largest Fleet Publisher

Automotive Fleet

The Car and truck fleet and leasing management magazine

Business Fleet

managing 10-50 company vehicles

Fleet Financials

Executive vehicle management

Government Fleet

managing public sector vehicles & equipment

TruckingInfo.com

THE COMMERCIAL TRUCK INDUSTRY’S MOST IN-DEPTH INFORMATION SOURCE

Work Truck Magazine

The number 1 resource for vocational truck fleets

Schoolbus Fleet

Serving school transportation professionals in the U.S. and Canada

LCT Magazine

Global Resource For Limousine and Bus Transportation